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3250
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!
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on: October 13, 2011, 04:01:24 PM
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1 decimal place?  I've changed my mind... I'll wait until the exchange comes up. People here are way too bullish for me to sell it this quickly. In fact, I might just hold it for a few months. Homer: This year I invested in pumpkin futures. They've been going up the whole month of October. And I got a feeling they're gonna peak right around January. Then, Bang! That's when I'll cash in. lol Wow, mining is getting harder now. I haven't gotten a block in 3 hours. |
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3252
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Alternate cryptocurrencies / Altcoin Discussion / LTCBTC OTC Forum Exchange Thread
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on: October 13, 2011, 03:37:58 PM
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Here's an informal exchange thread for LTCBTC while everyone's waiting for btc-e.
Someone can manually keep track of orders, right?
I'll start it off:
[Sells]
3000 LTC @ 0.012 BTC each => 36 BTC
1000 LTC @ 0.009 BTC each => 9 BTC
[Buys]
16000 LTC @ 0.005 BTC each => 80 BTC
1000 LTC @ 0.003 BTC each => 3 BTC
10400 LTC @ 0.002 BTC each => 20.8 BTC
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3253
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Economy / Speculation / Re: One more bailout and the trend will reverse for good?
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on: October 13, 2011, 03:18:52 PM
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It is rather nice that someone keeps trying to start a trend upwards. Maybe they'll succeed. But in the meantime, they give a wonderful opportunity to sell into the strength.
If they don't succeed and the 'long term trend' gets broken then bitcoin will lose the only plausible 'growth story' - I think someone realized that and now he tries to steer the trend manually. I don't know but I think it can work - depending on how deep pocket he has. But maybe I am wrong here - maybe it was just a rushing investor. If I tried to reverse the trend I would do that in parallel in many markets. For example starting a rally in the Chinese market would not cost much money - but some (MtGox) investors would go crazy if they sow that. I think you are right, it seems pretty clear. This is probably the same person that has sold 10000 into growing rallies and killed them completely. And has frequently created 15000k walls on both the sell and buy side. This person seems to alternate between wanting BTC dead, and wanting to save it. At this point they seem to want to save it, which is great, I only hope they stop placing insane 15000 btc walls that stop rallies in their tracks, and dropping $10000 at once. This person is often referred to as "The Manipulator", but my goodness, dare say that around here and some people flip out, despite the fact that this person clearly exists, AND has enough money to seriously move the market in different directions, even if for only a while. Well, the purpose of the manipulation was to get cheap bitcoins. He is now buying cheap bitcoins. He doesn't alternate between "wanting it dead and wanting to save it," he just wants profit. |
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